Chande Momentum Oscillator

Chande Momentum Oscillator

The Chande Momentum Oscillator is a modified RSI.

Chande Momentum Oscillator

To interpret the CMO:

  • Values over 50 indicate overbought condition and values under -50 indicate oversold conditions.
  • High CMO values indicate strong trends.
  • When the CMO crosses above/below a moving average of the CMO, it is a buy/sell signal.
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Get in touch with Shyam for advice on mutual funds. You can either WhatsApp him or call him at 080-2665-0232. He is an AMFI registered IFA who can advice you on Franklin, Blackrock, IDBI, Mirae, HDFC, ICICI Pru, UTI, Sundaram, Reliance, Religare, Peerless, Tata and Birla Sun Life funds.